Why do people's market psychological factors play such a big role? Niu Qian. Com believes that people who set foot in the futures market come from all walks of life, and everyone buys and sells according to their own situation and purpose. However, their similarities, such as seizing opportunities, making profits and reducing risks, are the same. Therefore, once people enter the futures market, the word "profit or loss" has been hung on the nerves. Most people who enter and leave the futures market are newcomers who "go to the sea" for the first time. Their understanding of the complex factors and market changes in the futures market is superficial, and they often show a lack of opinions. When they are in trouble, they will go with the flow, especially for those small investors who have poor futures knowledge, are eager to make profits and have little money. Due to the weak mentality of lack of judgment, the "small family" saw that the "big family" bought a certain variety of futures contracts, and estimated that the futures price of a certain variety would rise, so they would decide to "follow the trend" without thinking. This kind of investment psychology is very common in the futures market. What's more, this mentality has been exploited by big speculators, causing ups and downs. If you follow it wrong, you will die in the sea.
In the futures market, the influence of psychological factors is very significant. When commodity futures prices are bullish, any situation and any news will be explained by speculators, which will make people who originally wanted to sell reluctant to sell, and those who originally planned to buy will be determined to buy. The original watcher suddenly became a buyer. In this way, speculators snap up futures contracts quickly in order to make profits when futures prices rise, and a large number of speculative purchases will further raise futures prices. On the other hand, when futures prices are bearish, any situation and any news will be explained by speculators. Even if it is good news, speculators will think bad. In this way, speculators tend to short and sell futures contracts quickly, and then make up their positions when the price falls to a certain extent. A large number of speculative selling will push futures prices down further. This speculative psychology undoubtedly contributed to the fluctuation of futures prices. For more knowledge about futures, you can pay attention to Niuqian.com.